Post
Topic
Board Trading Discussion
Re: learn from my 3 mistakes I made in trading
by
Pandorak
on 15/01/2025, 08:02:12 UTC

Mistake #2:
Avoid overtrading at all costs.
Just because you’ve exited a trade—whether it was profitable or not—doesn’t mean you should immediately jump into another one. Sometimes not trading at all is a win in itself.
Excessive trading increases your chances of losses and drains your focus and patience.

I observe what you say here because i often even very often experience that is Over Trade, hoping to find greater profits by adding entries again and again until i later realised that this was a mistake in my trading system and i thought i had to change the pattern of bad habits that i was doing at this time. Since then i have something called the Trading Rules , which is the limit of profits and losses that are ready to take and this is specifically for those who are looking for profits in the short term or we know as SCALPING, of course this is more risky than investors who hold the tokens they buy in a relatively long period of time but the positive side is that we can make profits in a fast time.